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Government loan supports Birmingham’s Port Loop development

Government loan supports Birmingham’s Port Loop development

Homes England has agreed a £7.5m loan from the government’s Home Building Fund for the development of 77 homes in Birmingham by Urban Splash and Places for People.Homes England has agreed a £7.5m loan from the government’s Home Building Fund for the...
Wates trumpets record order book despite Brexit slowdown

Wates trumpets record order book despite Brexit slowdown

Contractor Wates Group started the year with record orders up 6% despite seeing a Brexit related slowdown in mainstream construction activity in 2018. Growth in its residential development and property services businesses helped to offset a 9% fall in construction...
Persimmon launches retention scheme for home buyers

Persimmon launches retention scheme for home buyers

Persimmon is launching a ‘retention’ scheme for home buyers to protect them from construction problems. The scheme will see 1.5% of a home’s value withheld by the buyer’s solicitor until any build faults are resolved. The average amount...
Subcontractors wanted for South Coast sites

Subcontractors wanted for South Coast sites

Main contractors are on the hunt for South Coast based suppliers and subcontractors for a string of sites. Constructionline is hosting its latest Meet the Buyer event in Southampton on Thursday 28th March 2019. The supply chain and procurement management service is...
Wates improves profit and increases order book

Wates improves profit and increases order book

Wates’ profits edged up by 1 per cent on slightly reduced turnover in 2018, its latest results show. source https://www.constructionnews.co.uk/companies/contractors/wates/wates-improves-profit-and-increases-order-book/10041221.article